A couple of days ago, I was chatting with a friend in Hong Kong who works for the U.S.-listed company Cango. I found their transformation to be truly successful, and I’d like to share two key points: 1. Their $BTC mining produces an average of 21 bitcoins per day, with a scale that’s already very close to the industry leader, MARA. (However, this has yet to be reflected in their market cap.) 2. In the AI space, they’ve applied the infrastructure logic of mining by distributing computing power across regions with the lowest energy costs. They’ve built standardized GPU resource pools, achieving low-cost operations and global nodes. Cango Group’s stock ticker is $CANG, and their current market cap is $430 million. I did some calculations, and if their valuation returns to a normal P/E ratio, there’s a 5-10x potential recovery upside. #AI #BTC #GPU